Statement of Secretary Lew on the Release of the Social Security and Medicare Trustees Reports
Targeted News Service |
The
Today's reports make clear that while both
When considered on a combined basis,
Relative to
The improvement in the outlook for HI long-term finances is principally due to lower than expected spending in 2013 for most HI service categories, which reduced the base period expenditure level about 1.5 percent and contributed to the Trustees' decision to reduce its projection of near-term spending growth trends.
Part B of
Despite the projection that
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